Insurers in Singapore moving away from covering hospital bills fully

Policyholders will have to switch to Integrated Shield Plans that include co-payment of hospitalisation bills. ST PHOTO: KUA CHEE SIONG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - All NTUC Income Integrated Shield Plan (IP) policyholders will soon have to pay for part of their hospital bills, and those with other insurers may have to do so too.

NTUC Income started informing policyholders from Feb 3 that IPs with riders that cover hospital bills in full will have a co-payment feature for renewals from April 1. It said this would encourage policyholders to consume healthcare services prudently and keep health insurance costs sustainable.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's WhatsApp Channel and get the latest news and must-reads.